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...stronger position than a decade ago. Its financial institutions seemed sturdy, with a mere $70 million of those toxic mortgage-backed securities that doomed banks in the U.S., while the central bank was well stocked with $240 billion of hard-currency reserves - more than sufficient, economists believed, to protect the economy from any external shocks. "We didn't need a special spotlight," says Yi Jong Goo, standing commissioner at the Financial Services Commission (FSC), the government agency that oversees the country's finance industry. They got one anyway. International bankers and investors yanked money from emerging markets worldwide. South Korea...

Author: /time Magazine | Title: A Depressed Mood | 11/13/2008 | See Source »

...final line of Kinsley's essay was telling. He implied that unless we spread the wealth around, we'll turn into a Colombia or Mexico, where people "live behind locked gates and hire guards to protect their family from kidnapping." Is Kinsley suggesting that to ensure their own safety the better-off should, via the government, pay protection money to the less well off? This would be playing with public money a similar game to the one rich people in banana republics play with their personal money. Mark A. Mendlovitz, Los Angeles...

Author: /time Magazine | Title: Inbox | 11/13/2008 | See Source »

...Topping says probiotics have been found to help children, especially by treating diarrhea, which kills more than 2 million infants a year. A recent American study published in the science journal Nature found that good microbes in the gut may protect against diabetes, whose incidence among children is rising. But doubt remains about how useful probiotics are to adults. On that question, "the jury is still out," Topping says: more large-scale trials are needed...

Author: /time Magazine | Title: Star Sip Enterprise | 11/13/2008 | See Source »

Confounding the results even more is the fact that calcium and vitamin D supplementation is now routine therapy for postmenopausal women to protect against bone fractures. So about 15% of the women in the placebo group were allowed to continue taking their vitamin D supplements for bone health (some were taking up to 600 IUs per day), which could explain why there was little difference between the two groups in breast-cancer rates. "This is a potential problem that confounds the results of this particular trial," says Dr. Powel Brown, a professor of medicine at Baylor College of Medicine...

Author: /time Magazine | Title: Can Vitamin D Protect Against Breast Cancer? | 11/12/2008 | See Source »

...government never defined an age limit. Since July, 30 children, most of them teens or preteens, have been abandoned at Nebraska hospitals. Four children were even driven from other states and left by their parents. Oddly enough, the law has had no effect on those it attempted to protect: no infants have been abandoned...

Author: /time Magazine | Title: Nebraska's Abandoned-Kid Law | 11/12/2008 | See Source »

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